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Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Federal Bank shares surge 8 percent after September quarter earnings announcement
Shares of Federal Bank soared up to 8 per cent after the firm reported an 11 per cent increase in n…
PTI
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
Axis Bank Q3 net profit rises to ₹6,071 crore
rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …
PTI
ICICI Bank shares climb over 1% on strong Q2 numbers
Shares of ICICI Bank on Monday climbed over 1% after the company reported a 36.08% jump in its cons…
PTI
IndusInd Bank Q2 profit up 22% to Rs 2,202 crore
IndusInd Bank on Wednesday posted 22% rise in consolidated net profit at Rs 2,202 crore for Septemb…
PTI
Street to keep a hawk eye HDFC Bank’s net interest margin and deposit growth trends
HDFC Bank’s merger with parent HDFC Limited has expanded its book but affected its profitability. I…
New beginnings: HDFC Bank’s net profit post-merger stands at ₹16,811 crore
In its maiden earnings report since its merger with HDFC, HDFC Bank reported consolidated net reven…
Return ratios now even more starkly in favour of ICICI Bank compared to HDFC Bank
Shares of HDFC Bank have corrected from ₹1,661 on September 15 to ₹1,537 per share after the bank b…
Interest rate hikes unlikely to have negative impact on earnings of banking sector: ICRA
Analysts may be worried about rising stress in the retail assets of banks, but ICRA is of the vie…
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…
PTI
Punjab National Bank Q1 net profit surges to ₹1,255 cr
In a regulatory filing, the public sector bank said it closed the Q1FY24 with a total income of ₹ 2…
Indian banks could have more than ₹10 lakh crore non-performing assets by March 2022
The gross non-performing assets (GNPAs) of banks are expected to cross ₹10 lakh crore by March 2022…
Bank of Maharashtra Q3 profit more than doubles to ₹775 crore
State-run Bank of Maharashtra (BoM) on Monday reported a two-fold jump in its standalone profit aft…
PTI
RBI estimates bad loans could be as high as 14.8% by September 2021 in the worst case scenario
The gross non-performing asset (GNPA) of scheduled commercial banks (SCB) are likely to increase to…
Karnataka Bank, Bank of India and Saraswat Bank get fined by the RBI for hiding bad loans
The Reserve Bank of India (RBI) has imposed a penalty on three banks for not complying with the reg…
NBFCs' gross NPA ratio rises to 6.3 pc in Sept: RBI report
Mumbai, Dec 27 () Non-bank lenders witnessed stress in their asset quality in the first half of the…
PTI
Banks' gross NPA ratios may rise to 9.9 pc by Sept 2020: RBI
Mumbai, Dec 27 () The gross non-performing asset ratio of banks may increase to 9.9 per cent by Sep…
PTI
Non-banking finance firm Power Finance Corporation records 49% jump in net profits in FY21
State-owned non-banking finance firm Power Finance Corporation (PFC) has recorded the highest-ever …